8.8BTC/ETH market view:



Bitcoin was stimulated by news yesterday, rising sharply on a large bullish candle, positioned above the middle line of the daily K chart. The 4-hour level is under pressure from the upper line, currently undergoing a consolidation phase, while the hourly chart is experiencing a pullback; the intraday strategy is mainly to go long at lower levels.

Pay attention to the support below at 116200 and 115000. Look to enter long positions around here, with targets at 117500, 118500, and 119500.

Ethereum's daily K-line has taken off with a large bullish candle, bringing the price back to the high of 3935, close to the 4000 level, with the price tightly adhering to the upper band and moving upwards. On the 4-hour chart, the price is also pushing against the upper band and moving upwards, with the middle band also opening upward. After hitting 3935 in the morning, the hourly chart experienced a pullback, and before testing the BBI, it has once again stopped falling and is rebounding. The main strategy for the day is to look for low buys, and it's not advisable to guess the top.

Pay attention to the support at 3840, 3780, and 3720 below, with targets looking at 3900, 3950, and 4000. #比特币流动性危机 # Gate & WLFI USD1 points program#
ETH6.89%
BTC0.19%
USD10.03%
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